BIXTER GARAGE LIMITED

🌳Matureactive
SC362464 · ltd · incorporated 2009-07-10
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 16.4y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2025
Net worth
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Sale of new cars and light motor vehicles
Sector: Wholesale & retail
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 82/100 (exceptional), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 16.4y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 16.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-30
Average employees4400

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-04-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-08-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-06-27
    NICOLSON, Kirsty Emma appointed
    director
  5. 2025-06-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-01-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-04-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-05-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-05-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-06-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-05-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-07-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-06-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-07-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2014-01-13
    NICOLSON, Elaine resigned
    secretary
  18. 2014-01-13
    NICOLSON, Elaine resigned
    director
  19. 2009-12-14
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  20. 2009-07-10
    🏢
    Company incorporated
    As BIXTER GARAGE LIMITED
  21. 2009-07-10
    NICOLSON, Martin George appointed
    director
  22. 2009-07-10
    NICOLSON, Elaine appointed
    secretary
  23. 2009-07-10
    NICOLSON, Elaine appointed
    director
  24. 2009-07-10
    REDPATH, Denise appointed
    director
  25. 2009-07-10
    REDPATH, Denise resigned
    director
  26. 2009-07-10
    CS DIRECTOR SERVICES LIMITED appointed
    corporate-director
  27. 2009-07-10
    CS DIRECTOR SERVICES LIMITED resigned
    corporate-director

Owner dependency

91/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

29/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — NICOLSON, Kirsty Emma (same surname) appointed 2025-06-27. Pattern consistent with intra-family handover.
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 17 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Martin George Nicolson
Individual · Scottish · DOB 09/1957 · age 69
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence08/07/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2009-07-10
Jurisdictionscotland
Primary SIC45111 — Sale of new cars and light motor vehicles

Registered office

Bixter
Shetland
ZE2 9NA

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-07-22
Last: 2025-07-08

Officers (2 active · 4 resigned)

NICOLSON, Kirsty Emma
director · ~47y · appointed 2025-06-27
View their other companies + combined net worth →
Active
NICOLSON, Martin George
director · ~69y · appointed 2009-07-10
View their other companies + combined net worth →
Active
NICOLSON, Elaine
secretary · appointed 2009-07-10 · resigned 2014-01-13
Resigned
NICOLSON, Elaine
director · ~68y · appointed 2009-07-10 · resigned 2014-01-13
Resigned
REDPATH, Denise
director · ~70y · appointed 2009-07-10 · resigned 2009-07-10
Resigned
CS DIRECTOR SERVICES LIMITED
corporate-director · appointed 2009-07-10 · resigned 2009-07-10
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
Floating charge1 property14/12/2009
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (50 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-02
change-person-director-company-with-change-date
officers · CH01
2025-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-19
change-person-director-company-with-change-date
officers · CH01
2025-08-19
appoint-person-director-company-with-name-date
officers · AP01
2025-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-08